BOUGHT* - $1,495,000

The auction for this charming and surprisingly large family home had a slow start whilst people searched for inspiration to bid. It was a quiet auction even though there was a crowd of a 100, mostly made up of young families and even some from the local retirement home. A vendor bid from auctioneer Michael Clark of $1,300,000 got things started, with two bi...

Crowd Numbers: 100 people
Bidderman: 2 bidders

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27 Kitchener Street BALWYN

Item: 27 Kitchener Street BALWYN
Rating: 682
Author: Simone Clarke

Benefits

Higher positional potential for long term growth

Growth above average metro in last decade

Excellent land content as proportion of price

Lower risk as established precinct

Good area pricing range meaning lower risk on resale

Concerns

Low and/or mixed ceiling heights

Poor car garaging

Simone Clarke
0400 304 111
[email protected]

Comments on 27 Kitchener Street BALWYN

Great position and north facing rear a big plus for this. House a little dated - yes - but on a single level and very livable. Lowish ceiling heights and no covered parking among concerns - land content-to-building ratio would be high here and that will make this an attractive proposition in terms of options going forward.

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4 Bedroom	2 Bathroom	2 Parkings	726sqm Land Area
Floor Plan	Agent	Sold - 11:00am Jul 24 2010	Quote $1,300,000	North Facing

Assess Question: Is this property a good home?